KOICA helps Vietnam build social housing policy hinh anh 1At the signing ceremony (Source: VNA)

Hanoi (VNA) - The Ministry of Construction and the Korean International Cooperation Agency (KOICA) have signed a minutes of discussion on the technical assistance project for building policies on social housing in Vietnam in 2021-2030.

Speaking at the signing ceremony in Hanoi on February 8, Deputy Minister of Construction Phan Thi My Linh said KOICA has effectively cooperated with the ministry’s Housing and Property Market Management Department – the beneficiary of the project, to reach consensus on major contents of the document.

The project is vital to the ministry’s State management work in the housing field, especially in the context that the ministry plans to revise the Housing Law and outline the national strategy of social housing development in 2018-2020, Linh stressed.

She hoped KOIKA will share its experience and support the ministry and the department in amending the Housing Law and in building policies on social housing.  

The project will make it easy for the Government to devise appropriate polices, standards and regulations on social housing, towards benefiting low-income people, she said.

Director of KOICA Vietnam Office Kim Jin-oh highlighted that the signing is a good beginning of cooperation between KOICA and Vietnam’s Ministry of Construction in 2018, expressing his hope that the two sides will coordinate more effectively in the coming time.

According to Kim Jin-oh, both sides reached consensus on the main contents of the project, which is very meaningful to Vietnam’s social housing development policy building.

With its experience, KOICA will promote the effective implementation of the project, he said./.